Pacer Advisors Inc. Makes New Investment in Ingram Micro Holding Corporation $INGM

Pacer Advisors Inc. acquired a new position in shares of Ingram Micro Holding Corporation (NYSE:INGM) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 167,595 shares of the company’s stock, valued at approximately $3,907,000.

Several other hedge funds have also made changes to their positions in the stock. Royal Bank of Canada grew its position in Ingram Micro by 252.2% during the first quarter. Royal Bank of Canada now owns 1,472 shares of the company’s stock worth $34,000 after buying an additional 1,054 shares in the last quarter. Comerica Bank raised its holdings in Ingram Micro by 2,844.2% in the 3rd quarter. Comerica Bank now owns 3,798 shares of the company’s stock valued at $82,000 after acquiring an additional 3,669 shares in the last quarter. CWM LLC lifted its position in shares of Ingram Micro by 20.5% in the 4th quarter. CWM LLC now owns 4,144 shares of the company’s stock worth $88,000 after acquiring an additional 705 shares during the period. Wells Fargo & Company MN lifted its position in shares of Ingram Micro by 33.2% in the 4th quarter. Wells Fargo & Company MN now owns 4,136 shares of the company’s stock worth $88,000 after acquiring an additional 1,031 shares during the period. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Ingram Micro during the 4th quarter worth approximately $94,000.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Morgan Stanley boosted their price objective on Ingram Micro from $27.50 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 23rd. Royal Bank Of Canada lifted their price target on shares of Ingram Micro from $24.00 to $33.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. Evercore set a $26.00 price target on shares of Ingram Micro in a report on Monday, April 20th. Wall Street Zen cut shares of Ingram Micro from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Zacks Research raised shares of Ingram Micro from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.00.

Ingram Micro Trading Down 0.6%

INGM stock opened at $28.60 on Friday. Ingram Micro Holding Corporation has a 1-year low of $18.09 and a 1-year high of $31.69. The company has a current ratio of 1.31, a quick ratio of 0.88 and a debt-to-equity ratio of 0.60. The business’s 50 day moving average is $28.72 and its 200-day moving average is $25.86. The firm has a market cap of $6.60 billion, a P/E ratio of 15.63, a P/E/G ratio of 0.70 and a beta of 1.75.

Ingram Micro (NYSE:INGM) last posted its earnings results on Thursday, July 30th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.74 by $0.08. The business had revenue of $14.53 billion during the quarter, compared to the consensus estimate of $13.85 billion. Ingram Micro had a return on equity of 18.07% and a net margin of 0.77%.Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts anticipate that Ingram Micro Holding Corporation will post 3.37 earnings per share for the current fiscal year.

Ingram Micro Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th will be issued a dividend of $0.086 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This is a boost from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.2%. Ingram Micro’s dividend payout ratio (DPR) is 18.58%.

Insider Buying and Selling at Ingram Micro

In other news, major shareholder Platinum Equity, Llc sold 5,167,069 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $29.03, for a total value of $150,000,013.07. Following the sale, the insider owned 177,466,319 shares in the company, valued at approximately $5,151,847,240.57. The trade was a 2.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Augusto Aragone sold 10,000 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $30.00, for a total transaction of $300,000.00. Following the completion of the sale, the vice president directly owned 140,465 shares in the company, valued at approximately $4,213,950. The trade was a 6.65% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 5,227,069 shares of company stock worth $151,765,013 in the last 90 days. 0.95% of the stock is owned by corporate insiders.

About Ingram Micro

Ingram Micro, headquartered in Irvine, California, is a global technology distributor and supply chain services provider. Listed on the New York Stock Exchange under the ticker INGM, the company connects leading technology manufacturers, cloud providers and channel partners through an integrated portfolio of products and services. Ingram Micro’s end-to-end solutions span product distribution, cloud enablement, e-commerce, logistics and lifecycle management, enabling customers of all sizes to bring new technology to market efficiently.

The company’s offerings are organized across several core areas.